Common use of Failure to Secure Clause in Contracts

Failure to Secure. If at any time during the Term, and after expiration of twenty (20) business days’ prior written demand therefore from Landlord, Tenant fails to: (a) provide Landlord with access to a licensed insurance broker that can verify Tenant’s compliance with the requirement contained in this Article 19; or (b) provide documentation reasonably acceptable to Landlord that ▇▇▇▇▇▇ has secured and maintained the insurance coverage required hereunder, then such failure shall be considered a material default under this Lease, and Landlord shall have the option, but not the obligation, without further notice or demand to obtain such insurance on behalf of or as the agent of Tenant and in Tenant’s name. Tenant shall pay Landlord’s billing for the premiums associated with such insurance policy or policies within thirty (30) days after receipt of Landlord’s billing, as well as such other reasonable costs and fees arising out of such default, together with interest on the entire amount so advanced by Landlord, at the rate of ten percent (10%) per annum, computed from the date of such advance. Such advances, if made by ▇▇▇▇▇▇▇▇, shall be construed as and considered Additional Rent under this Lease.

Failure to Secure. If at any time during the Term, and after expiration of twenty ten (2010) business days’ prior written demand therefore from Landlord, Tenant fails to: (a) provide Landlord with access to a licensed registered insurance broker of record that can verify Tenant’s compliance with the requirement contained in this Article 19; or (b) provide documentation reasonably acceptable to Landlord that ▇▇▇▇▇▇ Tenant has secured and maintained the insurance coverage required hereunder, then such failure shall be considered a material default under this Lease, and Landlord shall have the option, but not the obligation, without further notice or demand to obtain such insurance on behalf of or as the agent of Tenant and in Tenant’s name. Tenant shall pay Landlord’s billing for the premiums associated with such insurance policy or policies within thirty five (305) days after receipt of Landlord’s billing, as well as such other reasonable costs and fees arising out of such default, together with interest on the entire amount so advanced by Landlord, at the rate of ten percent (10%) per annum, computed from the date of such advance. Such advances, if made by ▇▇▇▇▇▇▇▇Landlord, shall be construed as and considered Additional Rent under this Lease.

Failure to Secure. If at any time during the Term, and after expiration of twenty three (203) business days’ ' prior written demand therefore from Landlord, Tenant fails to: (a) provide Provide Landlord with access to a licensed registered insurance broker of record that can verify Tenant’s 's compliance with the requirement contained in this Article 19; or (b) provide documentation reasonably acceptable to Landlord that ▇▇▇▇▇▇ Tenant has secured and maintained the insurance coverage required hereunder, then such failure shall be considered a material default under this the Lease, and Landlord shall have the option, but not the obligation, without further upon prior written notice or demand to obtain such insurance on behalf onbehalf of or as the agent of Tenant and in Tenant’s 's name. Tenant shall pay Landlord’s 's billing for the premiums associated with such insurance policy or policies within thirty five (305) days after receipt of Landlord’s 's billing, as well as such other reasonable costs and fees arising out of such default, default together with interest on the entire amount so advanced by Landlord, at the rate of ten percent (10%) per annum, computed from the date of such advance. Such advances, if made by ▇▇▇▇▇▇▇▇Landlord, shall be construed as as, and considered Additional Rent under this Lease.

Failure to Secure. If at any time during the Term, and after expiration of twenty three (203) business days’ days prior written demand therefore from Landlord, Tenant fails to: (a) provide Provide Landlord with access to a licensed registered insurance broker of record that can verify Tenant’s 's compliance with the requirement contained in this Article 19; or (b) provide documentation reasonably acceptable to Landlord that ▇▇▇▇▇▇ Tenant has secured and maintained the insurance coverage required hereunder, then such failure shall be considered a material default under this Lease, and Landlord shall have the option, but not the obligation, without further notice or demand to obtain such insurance on behalf of or as the agent of Tenant and in Tenant’s 's name. Tenant shall pay Landlord’s 's billing for the premiums associated with such insurance policy or policies within thirty five (305) days after receipt of Landlord’s 's billing, as well as such other reasonable costs and fees arising out of such default, together with interest on the entire amount so advanced by Landlord, at the rate of ten percent (10%) per annum, computed from the date of such advance. Such advances, if made by ▇▇▇▇▇▇▇▇Landlord, shall be construed as and considered Additional Rent under this Lease.

Failure to Secure. If at any time during the Term, and after expiration of twenty five (205) business days’ days prior written demand therefore from Landlord, Tenant fails to: (a) provide Provide Landlord with access to a licensed registered insurance broker of record that can verify Tenant’s 's compliance with the requirement contained in this Article 19; or (b) provide documentation reasonably acceptable to Landlord that ▇▇▇▇▇▇ Tenant has secured and maintained the insurance coverage required hereunder, then such failure shall be considered a material default under this the Lease, and Landlord shall have the option, but not the obligation, without further notice or demand to obtain such insurance on behalf of or as the agent of Tenant and in Tenant’s 's name. Tenant shall pay Landlord’s 's billing for the premiums associated with such insurance policy or policies within thirty five (305) days after receipt of Landlord’s 's billing, as well as such other reasonable costs and fees arising out of such default, together with interest on the entire amount so advanced by Landlord, at the rate of ten percent (10%) per annum, computed from the date of such advance. Such advances, if made by ▇▇▇▇▇▇▇▇Landlord, shall be construed as and considered Additional Rent under this Lease.

Failure to Secure. If at any time during the Term, and after expiration of twenty (20ten(10) business days’ days prior written demand therefore from Landlord, Tenant fails to: (aA) provide Provide Landlord with access to a licensed registered insurance broker of record that can verify Tenant’s 's compliance with the requirement contained in this Article 19; or (bB) provide documentation reasonably acceptable to Landlord that ▇▇▇▇▇▇ Tenant has secured and maintained the insurance coverage required hereunder, then such failure shall be considered a material default under this the Lease, and Landlord shall have the option, but not the obligation, without further notice or demand to obtain such insurance on behalf of or as the agent of Tenant and in Tenant’s 's name. Tenant shall pay Landlord’s 's billing for the premiums associated with such insurance policy or policies within thirty five (305) days after receipt of Landlord’s 's billing, as well as such other reasonable costs and fees arising out of such default, together with interest on the entire amount so advanced by Landlord, at the rate of ten percent (10%) per annum, computed from the date of such advance. Such advances, if made by ▇▇▇▇▇▇▇▇Landlord, shall be construed as and considered Additional Rent under this Lease.

Failure to Secure. If at any time during the Term, and after expiration of twenty ten (2010) business days’ prior written demand therefore from Landlord, Tenant fails to: (a) provide Landlord with access to a licensed registered insurance broker of record that can verify Tenant’s compliance with the requirement contained in this Article 19; or (b) provide documentation reasonably acceptable to Landlord that ▇▇▇▇▇▇ Tenant has secured and maintained the insurance coverage required hereunder, then such failure shall be considered a material default under this the Lease, and Landlord shall have the option, but not the obligation, without further notice or demand to obtain such insurance on behalf of or as the agent of Tenant and in Tenant’s name. In such event, Tenant shall pay Landlord’s billing for the premiums associated with such insurance policy or policies within thirty (30) days after receipt of Landlord’s billing, as well as such other reasonable costs and fees arising out of such default, together with interest on the entire amount so advanced by Landlord, at the rate of ten percent (10%) per annum, computed from the date of such advance. Such advances, if made by ▇▇▇▇▇▇▇▇Landlord, shall be construed as and considered Additional Rent under this Lease.

Failure to Secure. If at any time during the Term, and after expiration of twenty three (203) business days’ days prior written demand therefore from Landlord, Tenant fails to: (a) provide Provide Landlord with access to a licensed registered insurance broker of record that can verify Tenant’s 's compliance with the requirement contained in this Article 19; or (b) provide documentation reasonably acceptable to Landlord that ▇▇▇▇▇▇ Tenant has secured and maintained the insurance coverage required hereunder, then such failure shall be considered a material default under this the Lease, and Landlord shall have the option, but not the obligation, without further notice or demand to obtain such insurance on behalf of or as the agent of Tenant and in Tenant’s 's name. Tenant shall pay Landlord’s 's billing for the premiums associated with such insurance policy or policies within thirty five (305) days after receipt of Landlord’s 's billing, as well as such other reasonable costs and fees arising out of such default, together with interest on the entire amount so advanced by Landlord, at the rate of ten percent (10%) per annum, computed from the date of such advance. Such advances, if made by ▇▇▇▇▇▇▇▇Landlord, shall be construed as and considered Additional Rent under this Lease.

Failure to Secure. If at any time during the Term, and after expiration of twenty ten (2010) business days’ days prior written demand therefore from Landlord, Tenant fails to: (a) provide Landlord with access to a licensed registered insurance broker of record that can verify Tenant’s compliance with the requirement contained in this Article 19; or (b) provide documentation reasonably acceptable to Landlord that ▇▇▇▇▇▇ Tenant has secured and maintained the insurance coverage required hereunder, then such failure shall be considered a material default under this the Lease, and Landlord shall have the option, but not the obligation, without further notice or demand to obtain such insurance on behalf of or as the agent of Tenant and in Tenant’s name. Tenant shall pay Landlord’s billing for the premiums associated with such insurance policy or policies within thirty fifteen (3015) days after receipt of Landlord’s billing, as well as such other reasonable costs and fees arising out of such default, together with interest on the entire amount so advanced by Landlord, at the rate of ten percent (10%) per annum, computed from the date of such advance. Such advances, if made by ▇▇▇▇▇▇▇▇Landlord, shall be construed as and considered Additional Rent under this Lease.

Failure to Secure. If at any time during the Term, and after expiration of twenty ten (2010) business days’ prior written demand therefore from Landlord, Tenant fails to: (a) provide Landlord with access to a licensed registered insurance broker of record that can verify Tenant’s compliance with the requirement contained in this Article 19; or (b) provide documentation reasonably acceptable to Landlord that ▇▇▇▇▇▇ Tenant has secured and maintained the insurance coverage required hereunder, then such failure shall be considered a material default under this Lease, and Landlord shall have the option, but not the obligation, without further notice or demand to obtain such insurance on behalf of or as the agent of Tenant and in Tenant’s name. Tenant shall pay Landlord’s billing for the premiums associated with such insurance policy or policies within thirty five (305) business days after receipt of Landlord’s billing, as well as such other reasonable costs and fees arising out of such default, together with interest on the entire amount so advanced by Landlord, at the rate of ten percent (10%) per annum, computed from the date of such advance. Such advances, if made by ▇▇▇▇▇▇▇▇Landlord, shall be construed as and considered Additional Rent under this Lease.